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SNDL Inc.

SNDL
Exchange
Nasdaq
Industry
Medicinal Chemicals & Botanical Products
SEC CIK
0001766600

No open-market purchases or sales by SNDL Inc. insiders were filed in the last 90 days; 108 institutions reported holding it in 13F filings for Q2 2026, worth $66.4M in total; no superinvestor holds it.

13F holders, Q2 2025

Institutional positions in SNDL Inc. as of Jun 30, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
128
+7 vs. Q1 2025
Shares held
42.0M
+2.70M (+6.9%) vs. Q1 2025
Total value
$50.8M
−$4.62M (−8.3%) vs. Q1 2025
New holders
28
31 more added
Sold out
21
25 more reduced

1 institution that held it in Q1 2025 haven't filed for Q2 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q1 2025: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting SNDL on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ2 2025: 128 institutions
Q1 2021: 142 institutionsQ2 2021: 170 institutionsQ3 2021: 150 institutionsQ4 2021: 159 institutionsQ1 2022: 160 institutionsQ2 2022: 160 institutionsQ3 2022: 90 institutionsQ4 2022: 99 institutionsQ1 2023: 107 institutionsQ2 2023: 100 institutionsQ3 2023: 100 institutionsQ4 2023: 109 institutionsQ1 2024: 114 institutionsQ2 2024: 123 institutionsQ3 2024: 119 institutionsQ4 2024: 130 institutionsQ1 2025: 122 institutionsQ2 2025: 128 institutionsQ3 2025: 130 institutionsQ4 2025: 122 institutionsQ1 2026: 111 institutionsQ2 2026: 108 institutions
Value heldQ2 2025: $50.8M
Q1 2021: $78.9MQ2 2021: $147.0MQ3 2021: $58.2MQ4 2021: $63.1MQ1 2022: $123.0MQ2 2022: $42.4MQ3 2022: $38.9MQ4 2022: $11.8MQ1 2023: $27.4MQ2 2023: $13.6MQ3 2023: $24.7MQ4 2023: $24.4MQ1 2024: $55.1MQ2 2024: $54.5MQ3 2024: $64.8MQ4 2024: $73.5MQ1 2025: $55.4MQ2 2025: $50.8MQ3 2025: $151.4MQ4 2025: $94.2MQ1 2026: $71.3MQ2 2026: $66.4M
Institutions holding SNDL and their total value by quarter
QuarterHoldersValue
Q2 2026108$66.4M
Q1 2026111$71.3M
Q4 2025122$94.2M
Q3 2025130$151.4M
Q2 2025128$50.8M
Q1 2025122$55.4M
Q4 2024130$73.5M
Q3 2024119$64.8M
Q2 2024123$54.5M
Q1 2024114$55.1M
Q4 2023109$24.4M
Q3 2023100$24.7M
Q2 2023100$13.6M
Q1 2023107$27.4M
Q4 202299$11.8M
Q3 202290$38.9M
Q2 2022160$42.4M
Q1 2022160$123.0M
Q4 2021159$63.1M
Q3 2021150$58.2M
Q2 2021170$147.0M
Q1 2021142$78.9M

Institutions, Q2 2025

Shares, value and share of portfolio for each institution holding SNDL Inc.; share changes are against Q1 2025.

Institutions holding SNDL in Q2 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Magnus Financial Group LLC148,246$179.4K0.02%+28,000+23.3%Added
Geode Capital Management, LLC164,900$199.5K0.00%+673+0.4%Added
Baader Bank INC173,650$209.9K0.02%−594−0.3%Reduced
Jane Street Group, LLC207,893$251.6K0.00%+112,670+118.3%Added
Resources Investment Advisors, LLC.211,284$255.7K0.00%+596+0.3%Added
Gsa Capital Partners LLP221,112$268.0K0.02%+221,112New
Simplex Trading, LLC279,500$338.0K0.01%−46,475−14.3%Reduced
SkyView Investment Advisors, LLC288,301$355.0K0.05%+12,467+4.5%Added
Cable Car Capital LLC306,195$370.5K0.16%00.0%Unchanged
Dimensional Fund Advisors LP328,065$397.0K0.00%−11,689−3.4%Reduced
Group One Trading, L.P.328,262$397.2K0.01%−29,323−8.2%Reduced
Bank of America Corp348,438$421.6K0.00%−10,243−2.9%Reduced
Qube Research & Technologies Ltd354,965$429.5K0.00%+155,854+78.3%Added
Cambria Investment Management, L.P.370,370$448.1K0.03%+46,956+14.5%Added
State Street Corp379,432$459.1K0.00%+4,757+1.3%Added
Invesco Ltd.392,789$475.3K0.00%−224,507−36.4%Reduced
State of Wyoming421,689$510.2K0.06%−228,821−35.2%Reduced
RBF Capital, LLC425,000$514.3K0.03%00.0%Unchanged
Arrowstreet Capital, Limited Partnership564,996$683.6K0.00%−1,155,988−67.2%Reduced
AdvisorShares Investments LLC1,084,332$1.31M0.24%−81,660−7.0%Reduced
Susquehanna International Group, LLP1,435,623$1.74M0.00%+44,935+3.2%Added
Mirae Asset Global ETFs Holdings Ltd.1,920,586$2.32M0.00%−50,925−2.6%Reduced
Royal Bank of Canada2,403,100$2.91M0.00%+2,371,006+7,387.7%Added
Millennium Management LLC2,413,558$2.92M0.00%+1,897,735+367.9%Added
Morgan Stanley3,766,224$4.56M0.00%+578,125+18.1%Added
BNP Paribas Arbitrage, SA4,853,517$5.87M0.00%+338,278+7.5%Added
Toroso Investments, LLC7,272,668$8.80M0.06%+178,622+2.5%Added
Cannell Capital LLC8,951,755$10.8M3.38%−42,669−0.5%Reduced
Citadel Advisors LLC0$00.00%−1,087,674−100.0%Sold out
Mackenzie Financial Corp0$00.00%−162,793−100.0%Sold out
Two Sigma Investments, LP0$00.00%−119,950−100.0%Sold out
Prelude Capital Management, LLC0$00.00%−23,865−100.0%Sold out
Keebeck Alpha, LP0$00.00%−23,865−100.0%Sold out
Quantbot Technologies LP0$00.00%−21,667−100.0%Sold out
Gotham Asset Management, LLC0$00.00%−19,194−100.0%Sold out
Kestra Private Wealth Services, LLC0$00.00%−14,694−100.0%Sold out
Traynor Capital Management, Inc.0$00.00%−10,108−100.0%Sold out
Optiver Holding B.V.0$00.00%−7,502−100.0%Sold out
Citigroup Inc0$00.00%−457−100.0%Sold out
Clear Street Markets LLC0$00.00%−158−100.0%Sold out
JFS Wealth Advisors, LLC0$00.00%−152−100.0%Sold out
Raelipskie Partnership0$00.00%−111−100.0%Sold out
Coldstream Capital Management Inc0$00.00%−100−100.0%Sold out
Newbridge Financial Services Group, Inc.0$00.00%−96−100.0%Sold out
Bartlett & Co. Wealth Management LLC0$00.00%−27−100.0%Sold out
City Holding Co0$00.00%−7−100.0%Sold out
Godsey & Gibb Associates0$00.00%−5−100.0%Sold out
Larson Financial Group LLC0$00.00%−2−100.0%Sold out
PrairieView Partners, LLC0$00.00%−40−100.0%Sold out
CAPROCK Group, Inc.––––Not filed